Parliament Doubles Income Tax Deductions for Families With Three Children

Wednesday, 28 October 2026AI summary
Parliament Doubles Income Tax Deductions for Families With Three Children
Photo: ECO

Parliament approved a measure doubling personal income tax (Imposto sobre o Rendimento de Pessoas Singulares or IRS) deductions for families from the third child onwards. Lawmakers also voted to increase support under the Child Guarantee (Garantia para a Infância) to match the larger tax allowances for dependents. The change aims to provide targeted financial relief for larger households facing increased living costs.